Quest Patent Research Corp (QPRC)

[logicaldude]

QPRC files APPLE lawsuit-Read Summary !!!!

Apple Lawsuit

https://www.reuters.com/article/ip-patent-apple/apple-hit-with-east-texas-patent-case-over-iphone-payments-technology-idUSL1N21U1Z3

APPLE is at a disadvantage fighting Patent Suits in EAST TEXAS....and QPRC filed there on the last day possible to specifically be able to fight APPLE IN East Texas jurisdiction. Its David versus Goliath but we have waited over 10 years for someone to catch up to this WYNN patent.

Again QPRC got in right before APPLE closed their locations in East Texas which would have not allowed them to go after them in that Jurisdiction past this Friday the 12th. The court set the APRIL 12th as the deadline since APPLE closed their remaining 2 East Texas locations. QPRC came in UNDER the deadline and APPLE knows they are at a disadvantage in EAST TEXAS.

East Texas was known as "PATENT FRIENDLY". Apple has not fared well in East Texas Cases. This was a very smart move by QPRC to file suit while APPLE still had East Texas locations.

See some articles (some may need sign in)

https://www.law360.com/technology/articles/1149154/on-its-way-out-of-east-texas-apple-hit-with-patent-suit

Fridays Lawsuit is interational news MACLIFE-Germany

https://www.maclife.de/news/apple-pay-apple-faengt-sich-klage-wegen-patentverletzung-100113465.html

EAST TEXAS IS KNOWN AS "PATENT FRIENDLY". WHICH IS WHY APPLE WAS CLOSING THEIR LAST 2 LOCATIONS THERE TO AVOID SUITS BEING BROUGHT IN THAT JURISDICTION.

LOOKS LIKE QPRC BEAT THEM TO THE PUNCH AS APRIL 12TH WAS THE LAST DAY FOR A CASE TO BE BROUGHT IN EAST TEXAS....LOLOLOLOLOLOLOLOLOL.

QPRC IS ASKING APPLE TO PAY TRIPLE FOR WILLFUL INFRINGEMENT

https://www.patentlyapple.com/patently-apple/2019/04/late-yesterday-apple-was-sued-for-patent-infringement-relating-to-apple-pay-services-on-idevices.html

Here is a few articles on how bad Apple has done against other suits that came from East Texas:

https://www.dallasnews.com/business/technology/2016/10/03/apple-loses-another-patent-case-east-texas-facetime-technology

https://www.macrumors.com/2019/02/26/apple-optis-wireless-lte-patent-lawsuit/

Friday was the day it ended for APPLE>..QPRC came in under the deadline......GO QPRC

http://macdailynews.com/2019/02/22/apple-plans-to-close-all-retail-stores-in-eastern-district-of-texas-in-fight-against-patent-trolls/

Apple Pay statistics and other stuff

as of 8/2019 over 253million use apple pay world wide..check other stats here

https://expandedramblings.com/index.php/apple-pay-statistics-facts/

Apple is frequently targeted by companies looking to enforce patents. That’s presumably because of Apple’s size, which makes a possible way against Apple in court very valuable. The East District of Texas is a favored location for patent trials on account of their tendency to award large sums in damages.

Decades ago, the Eastern District of Texas instituted rules designed to speed up patent lawsuits. There are restrictions on the amount of paperwork that can be filed, and even limits on how long lawyers can speak in court. These rules make it much quicker and cheaper for a small company to bring a patent infringement lawsuit against a larger one.

Other stocks have exploded once the word got out of their lawsuits viability against apple...imho, id be a little patient...with low volume, market makers can make it seem like anything is basically happening...patience is a virtue

See from the 10k here
Universal Financial Data System

The invention describes a universal financial data system which allows its holder to use the device to access one or more accounts stored in the memory of the device as a cash payment substitute as well as to keep track of financial and transaction records and data, such as transaction receipts, in a highly portable package, such as a cellular device (the “Financial Data Portfolio”). The inventive universal data system is capable of supporting multiple accounts of various types, including but not limited to credit card accounts, checking/debit accounts, and loyalty accounts. Our wholly-owned subsidiary, Wynn Technologies Inc., acquired US Patent No. 5,859,419, from the owner, Sol Wynn. In January 2001, we filed a reissue application for the patent, and the United States Patent and Trademark Office issued patent RE38,137. This reissued patent, which contains 35 separate claims, replaces the original patent, which had seven claims. In February 2011, we entered into a new agreement with Sol Li (formerly Sol Wynn), pursuant to which we issued to Mr. Li a 35% interest in Wynn Technologies and warrants to purchase up to 5,000,000 shares of our common stock at an exercise price of $0.001 per share, the warrants expired unexercised. We also agreed that Mr. Li would receive 40% of the net licensing revenues generated by Wynn Technologies with respect to this patent, which is the only patent owned by Wynn Technologies. On December 17, 2018, Wynn Technologies, Inc. granted an exclusive license to the Financial Data Portfolio, including the right to enforce, to our wholly owned subsidiary, Quest NetTech. Under the agreement, Quest NetTech receives 100% of the net proceeds, as defined by the agreement.

This stock has huge potential.. Th 10k showed huge near term and long perm potential with some major catalysts that could do great things for the stock..do your own work..this is my opinion

market makers will play with this stock if low volume ...don't get fooled.. this is a sleeper...the company isn't pumping this which can easily be seen....more good things are coming.....don't listen to the guys who want to get in lower

many people here have been patient , we all deserve a pay off...god bless and good luck to all this week